Traders remember to take a break from trading Traders..don't always be so serious and so addicted to your trading that u miss out on your little ones at home, today me and my daughter designed our chart...take a break for some fun sometimes & u will come back stronger and be a better trader and even more a better dad or mother #trading #bitcoin #tradingbugtech
Bitcoin-trading
BTC - Checking liquidity levelsWhere next for BTC? Stuck in consolidation since June the 22nd, thats 3 months!!!! Price has been stuck between $17500-$25000, we can see it's struggling to break above the $25000 area but it has breached the $20000 level multiple times, this would give me encouragment that we will see a break to the downside. This doesn't mean we enter a trade right this second but with a breakout of the consolidation area marked on the chart i think we would be able to be confident of a move down to the $10000- $12000 area. Why have i chosen this area? We can see fromm the chart there is a lack in liquidity between $12000 and $17000, therfor if a break was to happen this would be the next area where we will see buyers step into the market.
Remember to make a plan
Stick to the plan
Always use a stop loss
Check out your risk to reward
Money management is key.
Bitcoin -14% Down From Last Analysis and Perfect Rejection#Bitcoin Technical Analysis:-
$BTC currently trading around $19800 and Went down to $19400
Hope You are Happy with My Previous analysis.
-14% Dump from $22500 Resistance level.
And Perfect Rejection.
Now..?
As Per Chart Now Bitcoin still bearish in HTF.
If $BTC breaks $19000 support level then we can see another Big Dump.
And May test $14000-$15000
But if this Happened then don’t miss buying these Opportunities.
HTF Resistance is $21800
Support:- $19000/$17600
Resistance:- $21800/$28800
Please click the Like button and Appreciate my Hard work.
Thank you.
Ethereum PoS is not an obstacle to dumping 3.0Subscribe and get a free trading strategy for Bitcoin and Etherium every day!
Good afternoon, despite Ethereum's successful move to PoS we continue to go with the red scenario I described to you earlier...
LONG
It is possible to buy Ether from the current levels, the first resistance zones are at 1580-1600, if we pass them, then consolidate above 1652 and go to 1800.
Short
Break of the previous low at 1425, fixing under 1425, going to close the gap 1280 on the CME
P.S.
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument can occur earlier or later. It is important to understand the price movement when reacting to the level as well as the buyer and seller reactions. Well, a couple more secrets, but you already have the material ready)))
BTC continues to growBitcoin has continued to grow despite the negative trend in the market. The recent changes show that it has surged past $22,000 but whether it is sustainable is the question. Bitcoin has shown strength for the past four days, and the metrics show that it might be able to stay strong in the upcoming days.
The recent changes for Bitcoin show a continuation of growth. The latest data shows that it has added 0.12% over the last 24 hours. The weekly data shows that it has added 11.68%.
Fun chart prediction (short)Just added my fun chart prediction, going short taking in consideration price trends, economy and fear. I see this as the pump before the dump. Possible go up little higher then drop to the outlined area.
This is just for entertainment. lets come back and see how well it played.
BTCUSDT - BuyHello traders!
Today I would like to share with you the long-term analysis of BTC that I am preparing for and also now you will know the reason why I am still bearish on lower TFs (W, D). Still until we reach some of the highlighted zones on BTC, I'd prefer to look for medium-term selling opportunities.
IMPORTANT WARNING:
---------------------------------------------------------------------------------------------------------------------------------------------------------
Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
RARE, but common chartFree Alt Analysis. This time RARE.
RARE is still degrading, but also getting to the bottom of the curvy trend. There is plenty room to go both sides - but Daily looks exhausted on TrendExhaustion, HighsLows and RSI - VolumeTrend is still bullish and we are dancing on support - it is likely to go for $0.275 first, and judge from there if we are headed for the top of the curvy trend or bounce down.
This idea would get cancelled if we cross the local trendline down - retest of lows of the curvy trend would create another great opportunity to DCA.
Basic Price Action (June-September)Check this out...
There are larger bearish corrections than bullish corrections, therefore 5 bullish rallies are almost cancelled out by two bearish rallies. Also check the Fib, the .786, and notice that we are resting upon it. If we break down, we are super bearish.
Check my other posts for targets.
Bitcoin is at a do or die position!Bitcoin need to break above 21.9k at least in order to stand a chance for a retest at the top of our ascending wedge! Unfortunately it faces a lot resistances from Fibonacci price levels and from previews highs. You can spot the resistances with the Red lines on the Graph.
Whatever you do now without confirmations it's just gambling.
Have some patience and wait for the next move! if it break it's going to be a Long trade. If it won't then we can trade it with short positions
BITCOIN - Updated Chart and Much Food For Thought ✌️😺Ascending channel is a strong pattern www.investopedia.com
Situation is definition of unclear today: Personally I am Long with SL the red level on my chart. Under that i will need to go short to the lower end of the channel but hey, this is Crypto: maybe a Pump towards 24k could be in play today.
Remember:
As explained yesterday, weekends are slow (retail investors in stress) and Mondays are usually Red: ie: not the best time to trade but check my posts below with some nice shorts on Alts that made this weekend a great one already:
FIL Short
Enjin short
Mana Short:
Not to mention the Long ideas posted here that actually did well:
QNT Long
AVAX
Some of you fail to understand that trading is not so much to predict the outcome..is to understand price better and learn how to trade high probability levels.
👉Do me a favor and click on this previous idea... Hit on play and enjoy some FxProfessor Magic: 👈😺
One Love,
The FXPROFESSOR
WAVES is another candidate for the local pumps. WAVES is another candidate for the local pumps. We are waiting for DOM confirmation